Business

21 February 2024 - By Lavender Namdiero and Patrick Githinji NAIROBI, Kenya, Feb 21 – At the ordinary 37th African Union (AU) Summit, the AU launched the theme “Educate an African Fit for the 21st Century,” echoing the global commitment to provide quality education…

21 February 2024 - Consumers will pay more for fuel after the government tripled the tax payable to Epra.

21 February 2024 - KenGen will soon sign a contract to drill three explorative wells in Tanzania.

21 February 2024 - Yields on Kenyan Eurobonds have fallen into the single digits territory.

21 February 2024 - A five-day weather forecast shows that most parts of the country are experiencing dry spells characterised by searing temperatures.

21 February 2024 - The Controller of Budget (COB) rejected the bulk of spending requests by State House.

21 February 2024 - County governments collected below one percent of the Sh16 billion they could have raised from natural resource exploitation fees.

21 February 2024 - "A six-stage interview? Keep that job for someone who is dying for it because it is surely not me."

21 February 2024 - CBK has set specific fines for lenders and officials breaching rules.

21 February 2024 - Kenyan investigative agencies flagged and investigated more than Sh86 billion generated from suspected illicit activities.

21 February 2024 - Kenyan investigative agencies flagged and investigated more than Sh86 billion generated from suspected illicit activities.

21 February 2024 - Commercial banks are now charging more than 26 percent interest on loans.

21 February 2024 - A fast-emerging trend among Kenyan women is a peeping tongue piercing, jewellery on the eyebrow or lip.

21 February 2024 - Commercial banks are now charging more than 26 percent interest on loans.

21 February 2024 - The Energy ministry last week increased the levy to Sh0.75 per litre up from Sh0.25

21 February 2024 - This is for the 2024-25 financial year which will go up from current Sh3.9tn.

21 February 2024 - EPRA gazetted new regulations on the electricity market, bulk supply and open access

21 February 2024 - The higher rates could trigger a fresh wave of bad loans, starting with an immediate spike in the fourth quarter as frailer borrowers begin defaulting owing to the higher rates.

21 February 2024 - What makes a great CEO is the permanent question always.

21 February 2024 - Serah Nyaboke’s dream career may be studying medicine as a second degree but her heart is singing rhumba.

21 February 2024 - Digital transformation has become a key driver for companies in the financial services sector to create and capture value.

21 February 2024 - Our world order is in bad shape in 2024: for Russia has gone rogue, and the United Nations won’t put an end to it.

21 February 2024 - The empowerment of women has increasingly been recognised as a critical aspect of social progress and sustainable development.

21 February 2024 - The US plans to pitch space cooperation opportunities to Kenya next week.

21 February 2024 - Contracting of new loans and the day-to-day management of debt will be an exclusive role of the Public Debt Management Office.

21 February 2024 - Job seekers should understand the importance of integrating humour into their self-promotion strategies.

20 February 2024 - South Africa is set to conduct national and provincial elections on May 29, as announced by President Cyril Ramaphosa's office on Tuesday.

20 February 2024 - Pamoja has raised $8.5 million (Sh1.2 billion) in funding to boost the production of the macadamia nut.

20 February 2024 - NAIROBI, Kenya, Feb 20 – Calls are increasing across Africa for the return to the continent of heritage items stolen during colonial times. As a result, experts said more cultural relics are likely to find their way back home, contributing to a…

20 February 2024 - The government has signed a deal with Shelter Afrique to help it sell apartments and maisonettes worth Sh1.55 billion.

20 February 2024 - The Nairobi Securities Exchange (NSE) Board has appointed Frank Mwiti as the new Chief Executive Officer (CEO), effective May 2, 2024.

20 February 2024 - Parliament has summoned KRA Commissioner General Humphrey Wattanga after skipping its invitations for the 14th consecutive time.

20 February 2024 - Low minimum wage levels have a significant and wide-ranging effect on African economies. The effects are complex and linked, ranging from a worsening of social and economic inequality to impeding growth and stability. The minimum wage is crucial as…

20 February 2024 - KAMPALA, Feb. 20 (Xinhua) — Uganda has been moving to use digital technology to boost efforts in wildlife conservation which has yielded sound results, a senior official said Tuesday. “Digital technology has significantly transformed traditional…

20 February 2024 - Despite possessing abundant natural and human resources, the African economy faces the challenge of unemployment, which casts a shadow over its growth trajectory.

20 February 2024 - Kenya Power connected 256,206 new customers to the national electricity grid in the half-year period to December 2023, bringing its customer base to 9,454,819, the utility said on Tuesday.

20 February 2024 - What makes AI so special, such a breath of fresh air, in a manner of speaking?

20 February 2024 - NAIROBI, Kenya, Feb 20 – An official from the U.S. Government’s Millennium Challenge Corporation’s (MCC), an independent U.S. government development agency, met Kenyan state officials to finalize a new program that seeks to address pedestrians’…

20 February 2024 - Kenyan exports to Canada were estimated at $18.71 Million (Sh2.7 billion) in 2022.

20 February 2024 - The executive offices of the President, Deputy President and that of the Prime Cabinet Secretary spent Sh820 million cumulatively in travel in the six months ended December 2023. 

20 February 2024 - NAIROBI, Kenya, Feb 20 – The Kenya Bureau of Statistics (KEBs) has issued a notice banning the importation of secondhand electric vehicles (EVs) whose battery life is less than 80 percent. KEB’s Managing Director, Esther Ngari, said that the…

20 February 2024 - What makes AI so special, such a breath of fresh air, in a manner of speaking?

20 February 2024 - NEW YORK, Feb. 20 (Xinhua) — Former U.S. President Donald Trump recently debuted unexpectedly at the “Sneaker Con” show in the U.S. northeastern city of Philadelphia, hawking new Trump-branded sneakers. Trump’s appearance was greeted with loud boos…

20 February 2024 - NAIROBI, Kenya, Feb 20 – Kenya Power and Lighting Company (KPLC) plans to connect 400,000 new users to the national grid as it seeks to meet universal electricity access. For the half-year period ending December last year, the utility firm…

20 February 2024 - The military junta in Guinea, which took control in a coup in September 2021, has officially dissolved the interim government and sealed all borders.

20 February 2024 - NAIROBI, Kenya, Feb 20 – The Kenya Power and Lighting Company (KPLC) has said that the completion of the Narok-Bomet cable line will address the country’s incessant power outages that disrupt economic activities. KPLC Managing Director and CEO…

20 February 2024 - Boasting Africa’s largest economy, a significant chunk of Nigeria’s revenue often stems from foreign investments. Nigeria’s capital importation, given its business ecosystem, remains one of the country’s staple revenue streams owing to its enviable…

20 February 2024 - This is a rise from the 17.5 6Per cent that the lender has been offering to its customers.

20 February 2024 - The state-owned entities haven't remitted Sh42.06 billion in employer contributions.

20 February 2024 - More than 250,000 Kenyans have been connected to electricity across the country in the period up to December 2023, Kenya Power now says.